CAclubindia Articles

Assortment of amendments in Penal Provisions of Service Tax

Posted by Pradeep Jain 18 March 2013 11684 Views

INTRODUCTION:- Beware if you are the one illicitly holding the government revenue!!! Government is all set to severely punish the people contravening the provisions of Finance Act, particularly, when one collect the service tax and fails to deposi

CSR is more than Philanthropy!

Posted by Kannan Iyappan 19 March 2013 8771 Views

Philanthropy means the act of donating money, goods, time or effort to support a charitable cause in regard to a defined objective. Philanthropy can be equated with benevolence and charity for the poor and needy. Philanthropy can be any selfless g

Some excel formulas

Posted by CA Rishabh Pugalia (ExcelNext) 19 March 2013 64581 Views

Case Study 1: Compute 7th of next month Application area: Computing due dates of statutory payments based on invoice dates. Used to check whether payment has been made on or before due date.

More famous Chartered Accountants

Posted by Akash Shiv Sarawgi 09 May 2021 84999 Views

After I published my article on http://www.caclubindia.com/ about famous chartered accountants , I came to know about some more famous Chartered Accountants (CA), courtesy: people who commented on my article. After reading about them too, my pride i

The importance of training

Posted by T.R.Radhakrishnan 18 March 2013 9729 Views

The need to have knowledge workers and employees is being felt more and more in the changing business and production environment globally including India.

All about Tax law

Posted by jatin kapoor 16 March 2013 19178 Views

INTRODUCTION The word tax has not been defined by any law. The Little Oxford Dictionary gives the meaning of word Tax as money compulsorily levied by state on person, property, business, etc.Taxes are levied by Governm

HC directed the revenue to grant interest

Posted by Rupesh Srivastava 16 March 2013 4997 Views

HC directed the revenue to grant interest @ 12% on delay in release of seized cash. On 12th March 2013, Hon`ble HC directed the revenue to grant interest @ 12% on delay in release of seized cash Assessee have file writ petition before hon`ble Hi

Reimbursement of trainings, professional services etc

Posted by Rupesh Srivastava 16 March 2013 13616 Views

Traning were commercial in nature and not technical and, hence, not covered by the provisions of DTAA. These payments also cannot be taxed under Article-7, as none of these persons had any P.E. or fixed base in India. KPMG vs JCIT Dated: 22nd Fe

Salient Features of FCRA

Posted by Pravin Gupta CS 15 March 2013 26949 Views

FOREIGN CONTRIBUTION REGULATIONS The Foreign Contribution (Regulation) Act, 2010 has come into effect from May 1, 2011. The Foreign Contribution Regulation Act has come into force under which no political party can receive foreign funds as don

Income for putting Advertisement on your website

Posted by CA Neil Ganatra 15 March 2013 10585 Views

Income for putting Advertisement on your website + Section 44AD Nowadays many people are using their own website as the source of their income. The income is for allowing other brands to put advertisements on website. The brands are interested